Mutual Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
FIDELITY TREND FUND (NASDAQ:FTRNX)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for FTRNX
The long term trend has been DOWN since Oct 11th, 2018 at 104.89
The intermediate term trend has been DOWN since Oct 5th, 2018 at 111.84
The short term trend has been UP since Nov 26th, 2018 at 97.23
Smart Scan Analysis for FTRNX
Based on a pre-defined weighted trend formula for chart analysis, FTRNX scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||114.49||52wk High Date||2018-10-01|
|52wk Low||96.87||52wk Low Date||2018-11-20|
|Year End Close||99.59||Payment Date||2018-02-12|